Nvidia Invests in SoundHound, APLD
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NvidiaThe Motley Fool
•Nvidia Has $71 Million Invested in These Smaller-Cap AI Stocks
79% Informative
Nvidia (NASDAQ: NVDA ) is reporting tremendous demand for its graphics processing units (GPUs) It supplies these chips for gaming, data centers, automotive, and artificial intelligence ( AI ) researchers.
Nvidia 's third-quarter 13F filing showed it still held 1.7 million shares of SoundHound AI .
It also revealed a new position in Applied Digital , a fast-growing designer and builder of data centers.
Both companies have a solid symbiotic relationship with Nvidia .
On rare occasions, our expert team of analysts issues a “ Double Down ” stock recommendation for companies that they think are about to pop.
Now is the best time to buy before it’s too late, and there may not be another chance like this anytime soon.
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